SoftBank Seeks $2.8 Billion in Financing From Japan Banks

SoftBank Seeks $2.8 Billion in Financing From Japan Banks

SoftBank Group Corp. is in talks to receive as much as 300 billion yen ($2.76 billion) in financing from Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc., according to people familiar with the matter. The loans...
Activist Fund Says Singapore’s Sabana, ESR-REIT Should Merge

Activist Fund Says Singapore’s Sabana, ESR-REIT Should Merge

Sabana Shari’ah Compliant Industrial REIT and ESR-REIT, two Singapore-listed real estate investment trusts, are being urged to merge by activist fund Quarz Capital Management Ltd. Quarz began buying into Sabana REIT in 2018 and controls around 4% to 5% of the firm,...